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20121104
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Search Results 0 to 49 of about 289 (some duplicates have been removed)
. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, netting out a gain of 171,000 jobs. and revised employment reports forage and september added another 84,000. givingunemployment is higher, giving mitt romney a talking point. >> unemployment today is higher than on the day barack obama took office. >> eliot: what he didn't say was that the economy was losing 800,000 jobs a month when obama took office. during his term the economy added millions of jobs. professor at us berkeley goldman school of public policy and author of "beyond outrage: what has gone wrong with our economy and our democracy and how to fix it." hello, mr. secretary. >> hello eliot. >> eliot: there was a massive conspiracy that the economy was picking up steam. do you think the numbers prove there is an accelerating fact that there improvement. >> the reason why unemployment ticked up was because
making closing arguments on an issue that's been front and center throughout the campaign. did an economy in need of a spark find one in october? u.s. employers across nearly all sectors were hiring, for a net gain of 171,000 new jobs. the labor department also revised its august and september figures higher, by 84,000. all told, it signaled slow but steady growth, and it was news that president obama wanted to play up in the campaign's final weekend, especially in one critical state. >> "oh (io), oh (io)" >> brown: the president made three stops in the buckeye state, starting in hilliard, just outside columbus. >> in 2008, we were in the middle of two wars and the worst economic crisis since the great depression. and today, our businesses have created nearly five and a half million new jobs. and this morning, we learned that companies hired more workers in october than at any time in the last eight months. ( applause ) >> brown: and the trend line seemed promising, as well. since july, the economy has added an average of 173,000 jobs per month, up from just 67,000 a month in the spring.
, who would have thought it. case about the improving economy. >> in 2008 we were in the middle of two wars, and the worst economic crisis since the great depression. today our businesses have created nearly 5.5 million new jobs and this morning we learned companies hired more workers in october than at any time in the last eight months. >> with only four days left on the campaign trail, the candidates were all over the crucial state of ohio. president obama made three different stops today in that state. then out west to springfield, ohio. then he headed north to lima, ohio. mitt romney was not going to be outdone. here is a look at another romney campaign rock concert and victory rally outside cincinnati. romney was also in wisconsin this morning, portraying himself as the candidate of change? >> the question of this election comes down to this. do you want more of the same, or do you want real change? and we bring real change. >> do you want 32 more months of private sector job growth? romney sure has a funny way of showing change, doesn't he? take a look at romney's surrogates at t
? >> polls show americans care more about the economy and jobs. polls show voters think romney can fix the economy and create jobs. but the media aren't connecting the dots. why not? find out next on news watch. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of hear
those unemployed and underemployed fell ever so slightly, but holding at 14.6%, the economy is not creating enough new jobs to brighten the employment picture. three years after the recession ended we should be creating at least 250,000 new jobs a month. we are not. the economy remains weak, despite record government spending and an extra 5 1/2 trillion dollars worth of debt. aust austan goolsbee will be joining us, he helped to write the policies,'s no longer with the administration, he hasn't been here for a while, but returning today. here is how it went last time around. >> stuart, my job is not to do spin just bb to be the policy guy. i think this job reports highlights what strengths we've start today develop and highlight the head winds we're facing and need to do more. on the positive side, this is the 9th straight month of private sector job creation. stuart: okay, now, that was two yearsing. will he say the same thing this time around. find out in four minutes and we'll talk with glenn hubbard, mentioned as a possible treasury secretary in a romney administration.
. donate today. >> steve: it will be the last major report card on the economy. the labor department releases monthly unemployment rate. right now it stands at 7.8 percent. economist expect it to go up to 7.9 percent. it is estimated that employers added 125,000 jobs last month and that is up from september and fall short of what is needed to cut the jobless rate. we'll bring that number to you live as it is released from washington. meanwhile new accusations. votes switched from mitt romney to obama. rnc learned of cases in nevadathey are asking the states to recalibrate all of the machines. and have additional technician on hand and use signs to make sure people check their vote. there is no evidence of problems but check your ballot, gretch. >> gretchen: 47 out of 51 times the presidential candidate who won the popular vote has won the electoral. experts believe that mitt romney will win the popular and president obama will take the electoral college and win the white house. can that happen again? what do you think about that, pete? >> i think and firmly believe that mitt romney w
we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and there will be fewer taxes from each individual. there will be way more people paying into the tax system. revenue neutral. lakshman is telling us you have a choice over how much you charge people in taxes. they may not produce all the jobs. what he is doing on day one is adding to the deficit. >> could be but let'
the economy around saying the president has failed to meet the challenge fay can the united states. >> the difference between us, he makes promises and he couldn't keep. i'm making promises i have kept and i will keep them for the american people. [ cheers and applause ] >> reporter: president obama meantime, continuing down the path you can't trust governor romney. that he is misleading american people, imploring to give him another four years to get the economy on track. now is not the time to be changing horses. >> after four years of president you know me. you may not agree with every decision i have made. maybe you are frustrated about the pace of change but you know what i believe. you know where i stand. you know i tell the truth and you know i'll fight for you your families every single day. >> reporter: part of what the president said feeds into the narrative that governor romney is creating here. that he is a nice guy and means well but he doesn't put a take to get things done. something that happened yesterday, in springfield, ohio when president obama said thiskr romney
it has the best economy by far. according to real clear politics poll average president obama is currently leading by two points. with political ads running across the state 24/7 how will iowa shake out on tuesday? guys i think iowa is a weird state. we can all agree. >> no, no. i have friends in iowa. >> i liken to it the new hampshire of the midwest. there's a real strong independent streak there and it's hard to pin down their political leanings. i know you'll get into that in a little bit. but i just wanted to bring up a blog post that jeffrey anderson had at the weekly standard. he was talking about turnout. in 2008 democrats had a one. -poi -- one-point advantage. in the point of this post was i have to think that will tighten. if there's good news for iowa for mitt romney, it's that turnout probably won't be as great for democrats as it was in 2008. and i think that, you know, the tiny margin in '08 that 1% at one point has republicans thinking that iowa is gettable and it's why you've seen them sort of run into the state with an increased ground game. >> i was in iowa
the biggest headlines affecting the energy industry and their impact on the economy. first up, crude prices rose on their first day of trading since superstorm sandy renewed demand and helped drive prices up more than half a percent, settling at 86.24 a barrel. good news for nine major oil refineries on the east coast, assessments found they avoided serious damage. seven are working back towards normal operations. meanwhile short-term supply worries pushed up gasoline futures prices. they settled up more than 1% on the day. >>> president obama banging the drum on the rich paying their fair share on taxes. he has less than a week to sell the message. we're breaking down the facts. >>> plus, mayor michael bloomberg tells president obama, i think we don't need you to visit new york city, thanks very much. i think that makes it a lot of sense. one of the people on the show says it is a major slight and he is coming here to disagree with me. more coming up. ♪ . melissa: so it is the final stretch to six days till the election and the tax debate is getting even louder. the major battle cry from
, so it's not been a great improvement in the economy. we've had a very -- >>ity an indicator of which way the economy is -- is it an indicator of which way the economy is going? >> it has not healed enough, when you take into fact we spent $4.5 trillion in deficit recovery,. >> and an improvement ratio? >> not improving. >> not on that path. >> it's not on that path. >> is it an aberration? >> bureau of labor stats on this. have you requested them? >> yes, they don't tell you a lot of things. like the labor force participation rate. which has dropped toyorelatively low numbers, which makes the unemployment numbers lo better. >> in hindsight, when he critizes the last month's report. >> last month in crthe last month's report, the only reason that number got better was 582 people thousand left e the calculation, and went to work on a part-time basis, so the part-time jobs got better, bu we did not, they took these people out of ofthe denominator. >> those numbers are not that -- >> nay says finish? >> we're being accurate. >> i would say that's the nay-ers. if you look at the economy,
hampshire's economy is humming along and unemployment is at less than 6%, so when president obama and mitt romney visit the battleground state, their stump speeches tend to include promises of more job creation. our david mattingly visited two small businesses there to see what their executives think about the candidates' proposals. >> reporter: randi, victor, the unemployment rate in this critical battleground state is under 6% and well under the national average, so when it comes to campaign promises about creating jobs, businesses here say leave that to the professionals. two new hampshire small businesses that found a way to beat the recession. one is a free-wheeling tech company. producing codes that makes e-mail and the internet work better. the other has been in business for five generations. >> high carbon steel photograph needles. >> reporter: manufacturing metal pins for everything from antique phonographs to the military. >> these are ping that go into the ammunition boxes for the u.s. government. >> reporter: in tough times they both found ways to create new jobs. what every ca
indicator of how well our economy is doing, but next hear why some say the latest g.d.p. report does not tell the whole story. jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi® card to get the benefits of private pass. more concerts. more events. more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with a citi card. [ crowd cheering, mouse clicks ] [ male announcer ] get more access with a citi card. so i test... a lot. do you test with this? freestyle lite test strips? i don't see... beep! wow! that didn't ta much blood. yeah, and the unique zipwik tab targets the blood and pulls it in. so easy. yep. freestyle lite needs just a third the blood of onetouch ultra. really? so testing is one less thing i have to worry about today. great. call or click today and get strips and a meter free. test easy. >> gregg: time f
economy standards to 55 miles per hour by the year 2025. that not only backs out 3 million barrels of oil a day from the persian gulf, all of the oil they import from the persian gulf, but it also reduces one full year of carbon dioxide emissions into the atmosphere. mitt romney is saying he'll roll back those standards. all the way down the line, there's a sharp contrast here of, you know -- there are no emergency rooms for planets. we either engage in preventive care here and reduce the amount of greenhouse gases that go into the atmosphere, or we are going to see ever greater intensifying catastrophic events hitting our country and causing tremendous damage to the american people. >> congressman, thanks so much for coming on the program. we appreciate it. let's go live to roanoke, virginia. mitt romney is at what they're calling a victory event at integrity windows and doors company. let's listen. >> it was powerful to listen to jake and to speak with his sister susan. the two of them are leaders, the top two people in their company. they're making products for america. they and their
show how tough the economy is. 17% on food stamps. i'm glad we have unemployment programs and food stamp programs and i'm glad we have a number of companies that have come to delaware. we have not done enough. we have to much burdensome regulation. we still raised taxes during this recession which we drove back. personal income tax and we need to create a stable business environment. we have not done a good enough job creating that environment and that is borne out by the numbers. >> where do you stand on your blueprint for delaware? >> we have implemented the majority of items in their and we have more to go. some of them we did not have the resources. i said we ought to create a delaware version of a cops bill. we have made progress there as well. it is not spin to the hundreds of workers were back at the refinery. it is not spin to the people who decided to expand in delaware. it is not spin to the folks at foxfire printing who are adding dozens of jobs. it is not spin to the people at jpmorgan chase. these are real jobs, real families being put back to work. >> fill free to off
%. they did beat estimates even though the cfo said he's seen evidence of a weak economy all around us. you were talking about climate change and this issue of whether it's responsible for some of the weather changes that we've seen. munich re had created a bit of a firestorm when it put out a report noting that north america was seeing mcs in unusual events and attributed it to climate change. it caused quite a stir at the time. back to you. >>> coming up, chris christie touring the carnage. millions still without power. mass transit trying to get back to line. we'll get a progress report. >>> this morning not a lot of movement. yesterday the sale. things orderly in the first day of trading since everything was shut down because of sandy. this morning futures down by about two points. nasdaq up by about 2 1/4 points. >>> jfk and newark airports both operational on wednesday, but saw very few flights. jpk is seeing more arrivals than departures, but net back to normal. courtney reagan is at laguardia this morning. >> reporter: good morning. so we haven't yet seen a plane take off here. the
as coming in with the latest report. so it does suggest this economy is gaining steam and that has lifted the president just a few points but that makes all the difference in this cycle. >> perry, your latest article is titled i want to be able to say this on tv, it's the obama care, stupid. why election 2012 is about health care, not the economy. but explain to me what you mean. >> what i mean is we've talked a lot about the economy. bill clinton has, president obama has, mitt romney has in reality the president has very limited control over how the economy works and whether jobs are created or not. this is something out of the president's control. mitt romney says he'll create 12 million jobs. but a lot of analysts say 12 million jobs are created whether it's mitt romney, president obama or alex witt as the president. not clear the president has that much power over the economy. on health care the president has a lot of power in terms of what he can do. mitt romney wants to repeal health care which will be a big change. president obama wants to implement the health care bill which reall
not quite as optimistic about where the economy is at and out of the market. and so, their own individual participation has been declining. and i don't know if that's necessarily telegraphed some problems down the road, but what do you think? >> well, i think we're living through a lot of uncertainty in the market, whether it's europe, whether it's the direction, the direction of the u.s. economy and the federal debt. and all of those things are certainly weighing on the retail investor's mind and definitely they're been moving to conservative position, as have been this, they've been protecting liquidity and building their positions and fairly risk averse, now, hopefully i'm cautiously optimistic on the u.s. economy that once they get through this election, regardless of who wins, our leaders in washington come together and develop a plan to deal with our fiscal challenges. >> well, springs eternal, we'll see, i was saying teddy, teddy weisberg, teddy was here the last time we had a two day disruption in 1888 and now, must be living history all over again. teddy. how do you think it's go
as the economics, as far as jobs and growth are concerned because it will add the extra umph to the economy. is that a possibility? >> it certainly is the possibility. first, i don't want to downplay how difficult this has been for the city and for the region. many people are now without homes. there are still thousands of people in shelters. so it's still a difficult time. we've got about $30 million of emergency contracts out there, expenditures that we did not anticipate. but over the long run, as you mentioned, if fema does come through with reimbursements to the city for some of our damaged publix works and the insurance companies come through with what is surely going to be billions of dollars of reconstruction money, that could be some kind of stimulus to the city's economy. >> you mentioned fema and the human tragedy. we are watching live pictures here from atlantic city's airport where air force one is just landing and the president having been to fema today is going to now link up with governor chris christie and tour the area in those helicopters to look at the very human side of
: well, i'll take the question first. governor romney in the middle oh f a tough economy created almost 50,000 new jobs in massachusetts. let's remember. >> on "washington journal" tomorrow morning we'll look at virge. >> now we'll go to jacksonville florida where mitt romney is to speak shortly. he is with jeb bush. >> you ready to take back the white house? i thought you might be. how did you enjoy five for fighting? he's a really good guy. did you enjoy his song "freedom never cries"? this is an important election. this an election about what the future of america is going to be. is our future going to be more debt and more regulation and more taxes? sor our future going to be in less taxes, less regulations and. nibble mitt romney. he's the right candidate at the right time to be the president of the united states. [applause] you know in the state of florida we have 820,000 people out of work, people who will looking for work, people who have given up looking for work. we need someone who understands how jobs are created. that individuals create jobs not government that creates jobs
to deal with the economy. jenna. jenna: keep an eye what is happening in florida and rest of breaking news in politics and otherwise. carl, thank you. jon: the weather has affected election and campaigning plans and hundreds of miles from the eye of the storm, sandy's violent outer bands prompted weather warnings. they kicked up massive waves. this is the no the ocean. these are the great lakes. how much damage did the storm do there? we'll speak to the commander of michigan's emergency management office coming up. >>> startling new numbers out of europe. what the unemployment rate says about the recovery there, and the chances europe could be headed toward another recession. [shouting] many of my patients still clean their dentures with toothpaste. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula sing bacteria and helps dissolve stains, cleaning in a better way than brush
. china pmi overnight, official number 50.2, 50.3 is what we're looking for, but the economy gaining some traction. did it do much for the sock market? let's find out. >> official manufacturing pmi as well as hsbc private both for the month of october showing the chinese economy may be getting traction. and that data gave mainland markets a shot in the arm. shanghai composite rallied 1.7% with the property sector leading the charge. earnings up about 10% on year. we also saw broad based gains in industrials and commodity plays. that strong showing helped the hang seng finish firmly in the green also boosted by the hong kong monetary authorities in the forex markets. industrials and developers extended gains. meanwhile the nikkei ticks up ending higher by about 0.2% helped by china related construction and shipping share, but panasonic got whacked down 20% to their lowest level since 1978 after a forecasted huge four year losses. elsewhere the kospi slipped 0.7%, heavy selling put them lower. sensex higher by 0.4% at the moment. ross, back to you you. >> now it was a rocky end of the month
for unfair china trading practices. these are important things because the economy is the number one issue. >> you're trying to cram a lot of things in in these last five days. >> chris, let's get to it. we're going to be listening to the president later this hour. his campaign describing the speech as a closing argument to the voters. what tone does he need to strike? chris, does he really need to keep it respectful or hit back against mitt romney? >> you know, i don't think he necessarily needs to hit back. i personally think, no surprise, that it was a mistake for governor romney to come out as harsh as he did. when there's a national crisis, something as significant and so many people have been affected by hurricane sandy, the last thing people think about and talk about and want to focus on is politics. you have to be very careful about that. i think the president is going to come out, especially in light of what you've seen over the last few days, and strike a more positive, unifying tone. i think it's a smart strategy, especially coming down to the last days. let's be honest. i thin
and that is to turn america's economy around. it is turning around and denying it doesn't make it so. >> jimy williams and krystal ball, thank you so much. >> thank you. >> stay with us. much more ahead. >> there are no democrats and no republicans during a storm. there are just fellow americans. so uh this is my friend frank and his, uh, retirement plan. one golden crown. come on frank how long have we known each other? and that is to turn america's there are just fellow americans. . and that is to turn america's there are just fellow americans. . you realize the odds of winning are the same as being mauled by a polar bear and a regular bear in the same day? frank! oh wow, you didn't win? i wanna show you something... it's my shocked face. [ gasps ] ♪ [ male announcer ] get a retirement plan that works at e-trade. >>> five days to go before voters hirt the polls and we're about to be carpet bombed with a sustained blitz of political advertising. nbc news reports the total ad spending in the presidential race is about to hit $1 billion, and in this week alone both campaigns plus all the outside inte
/48. that looks like a ballot test as much as anything else. and finally, if this election is about the economy, we need to put up our last poll numbers, again, we have the president leading in new hampshire but i look at his job approval lead and i look at this question, romney ahead of obama on the economy in new hampshire. dead even in iowa and wisconsin. and that's a state that could break -- that of the three that we have today, most likely to break to romney. >> and that's the one that's been trending on the economy romney's way. that has flipped. obama was better on the economy and now it's romney. look, both camps know that new hampshire is is going to get a lot of visitors very soon. >> that's for sure. we've got three more coming over the next four days. i know you're busy in the poll and trying to do our best to make up and do this in the midst of sandy. thank you, sir. >> yeah, my pleasure, chuck. be well. >> all right. turning back now to the destruction that is brought by sandy. the well known city of seaside heights, these pictures have become iconic instead of what used to be ik
damage to property and the economy, the total impact expected to reach a staggering $50 billion. the damage is perhaps nowhere worse than the coastline of new jersey where sandy came ashore laying waste to an amusement park and historic boardwalk at seaside heights. as for the airports, jfk, newark, they're expected to resume limited service this morning. the same cannot be said for laguardia. jetblue posted these photos of the runways submerged. more than 18,000 flights have already been canceled as a result of sandy. and police had to take to the air to save victims from rooftops in staten island after floodwaters surrounded their homes. they were loaded one by one into baskets before being hoisted to safety. now let's go to breezy point. a neighborhood of queens which looks like a war zone after a fire devastated the small community. absolutely devastated it. more than 100 homes were destroyed. officials say the high winds from the storm pushed the flames from one building to the next. amazingly, no serious injuries reported there. but high god, look at that neighborhood. it
Search Results 0 to 49 of about 289 (some duplicates have been removed)